65-2 #70 November 28, 2012

Pension Loans & 457 Deferred Comp Loans Info

Due to Hurricane Sandy members may be looking to borrow from their pension or 457 (deferred compensation) accounts. The below is a summary of helpful information.

Pension Loans
Call 718-999-1196 or 1198.
Note: pension loans are processed during pay weeks.

Return of Excess Contributions
Call Albert Connolly at 718-999-2325. Albert will expedite the returns for members impacted by Sandy.

457 Loans
Deferred Compensation *New Location* Representatives of the deferred comp are now operating out of the 6th floor at Metrotech. The Client Service Center at 40 Rector Street, New York, NY is closed until further notice.

All forms are available through the Forms and Downloads section of NYC Web site: http://www.nyc.gov/html/olr/html/deferred/dcphome.shtml. Forms will be accepted either in person at a DCP Form Drop-Off location or by mail.

In Person
You may visit the following Deferred Compensation Form Drop-Off location to submit your form in person. DO NOT MAIL FORMS OR CORRESPONDENCE TO THIS LOCATION.

Fire Pension Fund at
9 Metrotech, 6 Floor Pension Unit,
Brooklyn, NY

Use the Metrotech Entrance; Do not use Flatbush Entrance
Hours: M-F 9am - 4pm, except holidays
Phone: (718) 999-2282

By Mail:
The City of New York
Deferred Compensation Plan
Bowling Green Station, PO Box 93
New York, NY 10274-0093


Stephen J. Cassidy

LeRoy C. McGinnis
Recording Secretary